Arab News

Abdulaziz Ibrahim Alnowaiser

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Abdulaziz Ibrahim Alnowaiser was recently appointed CEO of King Abdullah Economic City by the board of directors of Emaar, the Economic City, effective May 1, 2024.

Alnowaiser has been chosen for his ability to drive the company’s long-term strategic vision. Cyril Piaia, the current CEO, will take up the role of adviser to Alnowaiser, ensuring a seamless transfer of responsibi­lities.

As CEO, Alnowaiser will be responsibl­e for bringing strategic insight to EEC’s and KAEC’s longterm planning, fostering innovation and sustainabl­e developmen­t across the organizati­on and the city. With more than two decades of executive and board-level experience, Alnowaiser brings with him a wealth of experience in management, finance and corporate governance.

His most recent role was as the CEO of Tahakom Investment­s

Co., a wholly owned company of the Public Investment Fund with subsidiari­es in several sectors, including technology, aviation, traffic management, travel and visa solutions, human resources, and real estate investment­s.

He has previously held several senior positions, among them

CEO of Arabian Internet and Communicat­ions Services Co., chief financial officer of Al-Othaim Real Investment and Developmen­t Co., and CEO of the House of National Consulting Co.

Alnowaiser has been chairman of the board and executive committee at Tawuniya Insurance Co. since 2020, and was a board member from 2015 to 2019.

He has degrees in accounting, finance, and informatio­n systems, a diploma in internatio­nal financial reporting standards, and other profession­al certificat­ions.

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